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Bank of Baroda shines on tying up with Toyota Kirloskar Motor

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

21 Oct 2020 Evaluate

Bank of Baroda is currently trading at Rs. 43.00, up by 1.15 points or 2.75% from its previous closing of Rs. 41.85 on the BSE.

The scrip opened at Rs. 42.30 and has touched a high and low of Rs. 43.10 and Rs. 42.15 respectively. So far 319316 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 108.25 on 29-Nov-2019 and a 52 week low of Rs. 36.05 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 43.85 and Rs. 40.00 respectively. The current market cap of the company is Rs. 19337.07 crore.

The promoters holding in the company stood at 71.60%, while Institutions and Non-Institutions held 15.30% and 13.10% respectively.

Bank of Baroda (BoB) has tied up with Toyota Kirloskar Motor (TKM) to enable finance options for the automaker's customers and dealers. Following the pact, BoB will be one of the preferred financiers for the entire range of vehicles sold by TKM. The new service facilitates customers to avail customized solutions such as high on-road funding of 90 per cent, long repayment period of 84 months, no prepayment or foreclosure charges.

This alliance augments bank’s focus on retail auto finance business and will give value to its as well as Toyota's customers. This relationship will augment MSME segment with dealer finance program and retail segment with auto loan finance and also provides an opportunity to cross-sell other bank products to these dealers.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Bank Of Baroda Share Price

284.10 0.00 (0.00%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
SBI	1112.15
PNB	114.10
Canara Bank	144.35
Bank Of Baroda	284.10
Union Bank Of India	191.20
View more..

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Bank of Baroda shines on tying up with Toyota Kirloskar Motor

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